Latest Ford Motor Co News

Hertz orders 100,000 Model 3 electric vehicles from Tesla

Oct. 25, 2021 09:00 AM EDT

DETROIT (AP) — Car rental company Hertz is ordering 100,000 electric vehicles from Tesla. The company says it's buying the Tesla Model 3 small cars by the end of 2022, and it also will set up its own electric vehicle charging network. No price was...

Tennessee lawmakers OK $900M Ford incentive package

Oct. 20, 2021 16:53 PM EDT

NASHVILLE, Tenn. (AP) — Tennessee lawmakers on Wednesday committed to spending nearly $900 million on state incentives, infrastructure upgrades and more as part of a sweeping plan with Ford Motor Co. to build an electric vehicle and battery plant near Memphis. It took...

Tennessee considering $900M Ford incentive package

Oct. 18, 2021 14:45 PM EDT

NASHVILLE, Tenn. (AP) — Tennessee is poised to spend approximately $900 million of its tax revenues on incentives, infrastructure projects and more under an agreement with Ford Motor Co., which has announced plans to build an electric vehicle and battery plant near Memphis. ...

Automakers step up pace on electric vehicle battery plants

Oct. 18, 2021 13:39 PM EDT

DETROIT (AP) — Global automakers and tech companies are stepping up the pace when it comes to building factories and prepare for what many believe will be a fast-moving transition from internal combustion engines to electric vehicles. On Monday, Toyota, Stellantis,...

Sweden's Volvo Cars launches IPO, seeks Stockholm listing

Oct. 18, 2021 13:12 PM EDT

HELSINKI (AP) — The Chinese-controlled Swedish car maker Volvo Cars will make a return as a listed company after a hiatus of more than two decades following an initial public offering and share listing in Sweden later this month. The Goteborg, Sweden-based Volvo Cars...

Ford to make electric power units in northwest England

Oct. 18, 2021 05:20 AM EDT

LONDON (AP) — Ford Motor Co. plans to spend up to 230 million pounds ($315 million) to turn a transmission factory in northwest England into a plant that will make electric power units for cars and trucks sold throughout Europe. The carmaker said Monday that the...

WWII vet gets nostalgic with Detroit train station tour

Oct. 10, 2021 21:12 PM EDT

DETROIT (AP) — The last time Joe England walked the halls of Michigan Central Station, it was 1945. His train had just steamed into the station, returning him safely from World War II. More than 75 years later, England on Sept. 25 found himself standing in the train...

Florida is the original home of national restaurant chains

Oct. 09, 2021 03:03 AM EDT

Hooters to Home of the Whopper: A look at popular restaurant chains that began in Florida The Whopper was born here. So was the Bloomin’ Onion. A state known for its famous cartoon mouse, pristine beaches and wild animal stories also served as the...

Hertz names ex-Ford Motor chief Mark Fields as interim CEO

Oct. 05, 2021 15:51 PM EDT

Car rental company Hertz has named industry veteran Mark Fields as its interim CEO. Fields, the former president and CEO of Ford Motor Co., joined Hertz's board in June. He takes over the top post at Hertz from Paul Stone, who will now serve as the company's president and...

GM building giant battery development lab in Detroit suburb

Oct. 05, 2021 08:17 AM EDT

WARREN, Mich. (AP) — General Motors says it's building a huge new electric vehicle battery lab in Michigan where scientists will work on chemistry to cut costs 60% over current vehicles and allow people to travel 500 to 600 miles (800 to 965 kilometers) per charge. ...